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Old website (cra-arc.gc.ca)
Collections limitation period
Goods and services tax / harmonized sales tax (GST/HST) The CLP starts the day after a notice of assessment is sent. 10-year CLP applies – The CLP can be restarted and extended. ... August 31, 2025 (10 years from the date the CLP started) October 4, 2015 Taxpayer files a notice of objection. ... October 4, 2015 – CLP restarts New CLP end date – October 4, 2025 (10 years from the date the CLP restarted) Because this tax debt is subject to collection restrictions, filing the notice of objection also extends the CLP. ...
Current CRA website
Death and FHSAs
Example – Beneficiary distribution Miguel opened an FHSA in April 2024. He made an $8,000 contribution in 2024 and a $2,000 contribution in 2025. ... Example – Closing an FHSA after death Christopher dies on August 8, 2024. ...
Current CRA website
2024 Accessibility Progress Report for the Canada Revenue Agency
This means steadily making improvements – whether big or small – to the experiences that persons with disabilities have with us. ... Five of these commitments are still on track to be completed by December 2025, and one is delayed from its original timeline but is on track to be completed in 2025. ... The impacts of these items have improved programs and services for persons with disabilities – both employees and clients. ...
Current CRA website
Interest rates for the first calendar quarter
These rates will be in effect from January 1, 2025 to March 31, 2025. ... Other taxes, duties, or charges The interest rates on overdue and overpaid remittances will be as follows: Other taxes, duties, or charges Tax, duty, or other charges Overdue remittances Overpaid remittances – Corporate taxpayers Overpaid remittances – Non-corporate taxpayers Goods and services tax (GST) 8% 4% 6% Harmonized sales tax (HST) 8% 4% 6% Air travellers security charge 8% 4% 6% Fuel charge (under the Greenhouse Gas Pollution Pricing Act) 8% 4% 6% Excise tax (non-GST/HST) 8% 4% 6% Excise duty except brewer licensees (amounts due after June 30, 2003) 8% 4% 6% Excise duty except brewer licensees (amounts due before July 1, 2003) 6% N/A N/A Excise duty (brewer licensees) 6% N/A N/A Softwood lumber products export charge 8% 4% 6% Underused Housing Tax (UHT) 8% 4% 6% Luxury Tax 8% 4% 6% The overdue remittance rate is the rate of interest the taxpayer must pay on amounts due to the CRA. ...
Current CRA website
Province of Nova Scotia
From July 2025 to June 2026, you may be entitled to a monthly benefit of $127.08 for each child under 18 years of age in your care. ... More information T4114 – Canada Child Benefits pamphlet Payment information Nova Scotia affordable living tax credit (NSALTC) This credit is a tax-free amount paid to make life more affordable for low and modest incomes to individuals and families. ... For July 2025 to June 2026, the program provides a maximum annual credit of $255.00 for an individual or a couple, plus $60.00 for each child. ...
Current CRA website
Interest rates for the third calendar quarter
These rates will be in effect from July 1, 2025 to September 30, 2025. ... Other taxes, duties, or charges The interest rates on overdue and overpaid remittances will be as follows: Other taxes, duties, or charges Tax, duty, or other charges Overdue remittances Overpaid remittances – Corporate taxpayers Overpaid remittances – Non-corporate taxpayers Goods and services tax (GST) 7% 3% 5% Harmonized sales tax (HST) 7% 3% 5% Air travellers security charge 7% 3% 5% Fuel charge (under the Greenhouse Gas Pollution Pricing Act) 7% 3% 5% Excise tax (non-GST/HST) 7% 3% 5% Excise duty except brewer licensees (amounts due after June 30, 2003) 7% 3% 5% Excise duty except brewer licensees (amounts due before July 1, 2003) 5% N/A N/A Excise duty (brewer licensees) 5% N/A N/A Softwood lumber products export charge 7% 3% 5% Underused Housing Tax (UHT) 7% 3% 5% Luxury Tax 7% 3% 5% Digital Services tax 7% 3% N/A The overdue remittance rate is the rate of interest the taxpayer must pay on amounts due to the CRA. ...
Current CRA website
GST/HST credit - How much you can expect to receive
Payment dates How much you can expect to receive Your GST/HST credit payments are based on the following: your adjusted net income If you have a spouse or common-law partner, your adjusted net incomes are combined to get your adjusted family net income (AFNI) your marital status the number of children under 19 years old that you have registered for the Canada child benefit and the GST/HST credit For the 2024 base year (payment period from July 2025 to June 2026), you could get up to: $533 if you are a single individual $698 if you are married or have a common-law partner $184 for each child under the age of 19 Be sure to keep your personal information updated to avoid underpayments or overpayments. An increase of your 2024 adjusted family net income could affect your payments starting in July 2025. ... What can affect your payment amount The Canada Revenue Agency could recalculate your GST/HST credit payment when: a reassessment of either your or your spouse or common-law partner's tax return results in a change to your adjusted family net income your eligible child turns 19 years of age your marital status changes the number of eligible children in your care changes a recipient dies you start, or stop, sharing custody of a child Related information GST/HST credit guide GST/HST credit: calculation sheets GST/HST credit payments chart GST/HST credit payment amounts GST/HST credit income levels Child and family benefits calculator MyAccount Document navigation Previous- GST/HST credit – Apply Next- GST/HST credit – Payment dates Page details Date modified: 2023-05-12 ...
Current CRA website
Annex: Summary of the assessment of effectiveness of the system of internal control over financial reporting and the action plan of the Canada Revenue Agency
Status and action plan for the next fiscal year and subsequent years: Administered Activities Program Areas Design effectiveness testing Operational effectiveness testing Ongoing monitoring testing Table note 1 Information Technology General Controls – Individuals and Trusts Table note 2 Complete Fiscal year 2022 to 2023 Future years Revenue Processing Complete Fiscal year 2022 to 2023 Future years Allowance for Doubtful Accounts / Write offs Complete Fiscal year 2022 to 2023 Future years Trust Income Tax Complete Complete Fiscal year 2022 to 2023 Common Tax Program Controls Table note 3 Complete Complete Fiscal year 2022 to 2023 Information Technology General Controls – Business Suite and Disbursements Table note 2 Complete Complete Fiscal year 2023 to 2024 Goods and Services Tax and Harmonized Sales Tax Complete Complete Fiscal year 2023 to 2024 Excise Taxes and Duties Complete Complete Fiscal year 2023 to 2024 Disbursements Complete Complete Fiscal year 2023 to 2024 Information Technology General Controls – Benefits Table note 2 Complete Complete Fiscal year 2024 to 2025 Corporation Income Tax Complete Complete Fiscal year 2024 to 2025 Benefits Complete Complete Fiscal year 2024 to 2025 Individual Income Tax Complete Complete Future years Unapplied Taxes (Source Deductions) Complete Complete Future years Status and action plan for the next fiscal year and subsequent years: Agency Activities Program Areas Design effectiveness testing Operational effectiveness testing Ongoing monitoring testing Table note 1 Information Technology General Controls – Synergy 2.0 Table note 2 Complete Complete Fiscal year 2022 to 2023 Budgeting Complete Complete Fiscal year 2022 to 2023 Capital assets Complete Complete Fiscal year 2022 to 2023 Financial close and reporting Complete Complete Fiscal year 2022 to 2023 Information Technology General Controls – Financial Management Table note 2 Complete Complete Fiscal year 2023 to 2024 Payroll Complete Complete Fiscal year 2023 to 2024 Costing & CFO Attestation Complete Complete Fiscal year 2023 to 2024 Information Technology General Controls- CAS Table note 2 Complete Complete Fiscal year 2024 to 2025 Procure To Pay Complete Complete Fiscal year 2024 to 2025 Investment Planning Complete Complete Fiscal year 2024 to 2025 Projections Complete Complete Future years Status and action plan for the next fiscal year and subsequent years: Common Controls – Administered and Agency Activities Program Areas Design effectiveness testing Operational effectiveness testing Ongoing monitoring testing Table note 1 Entity level controls Complete Complete Fiscal year 2022 to 2023 Common Information Technology General Controls Table note 2 Complete Complete Fiscal year 2022 to 2023 Status and action plan for the next fiscal year and subsequent years: Special Projects Table note 4 Program Areas Design effectiveness testing Operational effectiveness testing Ongoing monitoring testing Table note 1 Objections/Litigations Complete Measures under COVID-19 Table note 5 Fiscal year 2021 to 2022 Footnote 1 The frequency of the ongoing monitoring of key control areas is risk-based and occurs over a five-year cycle. ...
Current CRA website
Open call for membership applications! Apply now to become a member of the Advisory Committee on the Charitable Sector
We anticipate that new members will begin their two-year term in January 2025. ... Step 4 – enter your correspondence preferences. Step 5 – enter your education. ... The Minister of National Revenue will appoint members to the ACCS for January 2025. ...
Current CRA website
Tax tips - 2024
2024-11-07 Reminder: Changes to the electronic filing of information returns are coming in January 2025 2024-11-04 Money on your mind? ... 2024-05-06 Calling organizations that host free tax clinics – apply now for the CVITP grant! ... 2024-04-09 The Canada Revenue Agency has options for you if you owe us money or have a debt that we collect for another government department March 2024 2024-03-28 New – Bare trusts are exempt from trust reporting requirements for 2023 2024-03-27 Tax Free Savings Account: Watch your limit – stay within it! ...